In a report released yesterday, Cai von Rumohr from Cowen & Co. maintained a Buy rating on Northrop (NOC - Research Report), with a price target of $570.00. The company's shares closed yesterday at $535.51.According to TipRanks, von Rumohr is a 4-star analyst with an average return of 3.5% and a 59.67% success rate. von Rumohr covers the Technology sector, focusing on stocks such as Boeing, Lockheed Martin, and Northrop.In addition to Cowen & Co., Northrop also received a Buy from RBC Capital's Kenneth Herbert in a report issued on October 18. However, on October 14, J.P. Morgan downgraded Northrop (NYSE: NOC) to a Hold.
https://www.tipranks.com/news/blurbs/cowen-co-sticks-to-its-buy-rating-for-northrop-noc?utm_source=advfn.com&utm_medium=referral
Northrop Grumman (NYSE:NOC)
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